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Schibsted Media Group is an international media group that owns some of the largest newspapers in Sweden and Norway. It is also one of the world's leading online classified ads businesses, and is active in 22 countries across Europe, Asia, Africa and America. It is also involved in printing, distribution, and publishing operations. It operates through five segments: Online Classifieds Norway, Online Classifieds Sweden, Online Classifieds International, Media Houses Norway, and Media Houses Sweden. The company has its headquarters in Oslo, Norway. It is listed on the Oslo Stock Exchange, but it has a dual class share structure. The A share class has the ticker code SCHA, with B shares holding the ticker SCHB. As of 2017, Schibsted has approximately 7,300 employees worldwide. Schibsted is the largest media group in Scandinavia. To learn the latest Schibsted A (SCHA) share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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